Altcoin | Crypto Profit Bot

Beating Bitcoin: Why some traders don’t care about USD prices

June 26, 2021

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There are always two components to each altcoin’s price. One is the coin’s own characteristics: Fundamentals, investor sentiment toward the asset, liquidity and trading volume, among many others. Another powerful factor — the one that often renders any altcoin-specific dynamics irrelevant — is Bitcoin’s performance. Like it or not, when the king of cryptocurrencies soars, […]

Flexa AMP cryptocurrency hits new highs on Coinbase listing — Up 1,700% in 2021

June 17, 2021

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The in-house token of cryptocurrency payments app Flexa, AMP, has hit new all-time highs after being listed on major exchange Coinbase. Data from Cointelegraph Markets Pro and TradingView showed AMP/USD reaching $0.11 per coin for the first time on June 17. AMP nears $0.12 as best-performing altcoin Flexa, which describes itself as the “first ever digital […]

Why Bitcoin’s next breakout may not be an altcoin season signal

June 5, 2021

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On April 14, Bitcoin (BTC) reached a $64,900 all-time high after accumulating 124.5% gains in 2021. However, a 27.5% correction followed over the next eleven days, marking a $47,000 local bottom. The popular Crypto Fear and Greed Index reached its lowest level in 12 months on April 25, signaling that investors were closer to “extreme […]

To IPO or Not to IPO? SPAC is the question

June 4, 2021

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An initial public offering is the classic way to take a company public, but many crypto companies bypass the regulatory scrutiny with a backdoor SPAC merger By Connor Sephton If you want to sell stock in an American company to the public, traditionally you hold an initial public offering, better known as an IPO. An […]

VORTECS Report: How volatility drove one crypto trading strategy to 280x Bitcoin’s gains

May 29, 2021

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What does a highly volatile asset class offer traders, beyond palpitations and the occasional heart attack? Opportunity. Nicole Wirick of Prosperity Wealth Strategies in Michigan summed it up for Forbes: “Market volatility is a normal part of investing and is to be expected in a portfolio. If markets went straight up, then investing would be […]

VORTECS Report: While Bitcoin gained just 10% since Jan 3, this crypto trading strategy netted 2,150% ROI

May 22, 2021

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Bitcoin may be suffering through a succession of negative news stories, but some crypto investors are still celebrating major gains in 2021’s altcoin bull market. Since January 3 this year, Cointelegraph Markets Pro has been live-testing 42 separate automated strategies based on the proprietary VORTECS™ algorithm developed in partnership with The TIE, a data analytics […]

South Korea’s banking association alarmed by altcoin trading mania

May 10, 2021

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South Korea’s banking body wants crypto exchanges to be wary of the risks of being overexposed to altcoins. 1432 Total views 10 Total shares The Korea Federation of Banks has raised alarm over the increase in altcoin trading volumes across crypto exchanges in the country. According to a report by The Korea Herald on Monday, […]

Altcoins just repeated a move that could launch them 27,000% higher in 2021

May 3, 2021

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The altcoin market cap has flipped its previous cycle high to support — and the last time that happened, it gained 27,623% in a year. 32563 Total views 179 Total shares Altcoins have delivered huge gains this year, but if they repeat their 2017 moves, hodlers may be looking at an insane 27,000% moonshot. According […]

What’s holding crypto social networks back from greatness?

April 27, 2021

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Another rainy Sunday night. You’re browsing on Facebook and Twitter — inundated with photos of your friend’s new baby, jokes that have been copied from poor hard-working comedians, and memes that certainly were funny… when you first saw them four years ago. Undeterred, you keep scrolling. There’s a tweet that proclaims a hot new cryptocurrency […]

DOGE out of control? Social media and whales sway Dogecoin price action

April 22, 2021

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Dogecoin (DOGE) has been the talk of the crypto town in the month of April. On the first day of the month, it was trading in its usual $0.05 range. On April Fools’ day, Tesla CEO Elon Musk tweeted about the coin yet again. His tweet read, “SpaceX is going to put a literal Dogecoin […]

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Category: Altcoin